RTX (NYSE:RTX) Stock Price Target Lowered at Sanford C. Bernstein

RTX (NYSE:RTX) had its price objective dropped by analysts at Sanford C. Bernstein from $223.00 to $214.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm presently has a “market perform” rating on the stock. Sanford C. Bernstein’s price target suggests a potential upside of 14.81% from the company’s previous close.

Several other brokerages have also recently issued reports on RTX. JPMorgan Chase & Co. lifted their target price on RTX from $215.00 to $240.00 and gave the company an “overweight” rating in a research report on Friday, July 24th. DA Davidson upped their price target on RTX from $192.00 to $219.00 and gave the stock a “neutral” rating in a report on Monday, July 27th. Robert W. Baird set a $240.00 price target on RTX in a research report on Friday, July 24th. Barclays initiated coverage on RTX in a research report on Friday, October 9th. They issued an “overweight” rating and a $223.00 price target for the company. Finally, Rothschild & Co Redburn raised their price objective on RTX from $180.00 to $215.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Eighteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and an average price target of $227.38.

RTX Price Performance

RTX stock opened at $186.39 on Thursday. The company has a market capitalization of $251.21 billion, a P/E ratio of 32.82, a price-to-earnings-growth ratio of 2.36 and a beta of 0.31. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. RTX has a 52-week low of $155.64 and a 52-week high of $226.88. The business has a 50-day simple moving average of $201.00 and a two-hundred day simple moving average of $193.67.

RTX (NYSE:RTX) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $1.66 by $0.23. The firm had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Research analysts expect that RTX will post 7.22 EPS for the current fiscal year.

Insider Buying and Selling at RTX

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the sale, the executive vice president directly owned 13,184 shares of the company’s stock, valued at $2,952,161.28. This represents a 50.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Kevin G. Dasilva sold 2,250 shares of the stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total transaction of $488,092.50. Following the transaction, the vice president owned 20,099 shares of the company’s stock, valued at $4,360,076.07. This represents a 10.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 29,222 shares of company stock valued at $6,362,003 over the last three months. 0.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of RTX during the 2nd quarter valued at $20,970,571,000. Auto Owners Insurance Co lifted its holdings in RTX by 24,730.9% during the 4th quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock worth $1,852,882,000 after purchasing an additional 10,062,269 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in RTX during the 2nd quarter worth about $1,456,256,000. Legal & General Group Plc bought a new position in RTX in the 2nd quarter worth about $1,267,256,000. Finally, Deutsche Bank AG purchased a new stake in RTX in the second quarter worth approximately $725,900,000. 86.50% of the stock is owned by institutional investors.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, RTX’s defense unit, won an $8 billion sole-source Air Force contract to modernize nuclear command, control and communications terminals through 2036. The long-term award improves revenue visibility and reinforces RTX’s position in strategic defense programs. RTX’s Raytheon Wins $8 Billion Sole-Source Air Force Nuclear Communications Contract
• Positive Sentiment: Raytheon also secured $729 million in counter-drone contracts for the U.S. Army, Qatar and Jordan. The deal represents the first international sales of its KuRFS radar and Coyote interceptor systems, potentially opening a broader export and replenishment market. RTX’s Raytheon awarded $729 million in counter-drone contracts
• Positive Sentiment: Analysts remain constructive ahead of the October 20 third-quarter earnings release. RTX’s strong earnings-surprise history, defense backlog, commercial aerospace aftermarket demand and improving execution are cited as reasons the company could exceed estimates again. Why RTX is poised to beat earnings estimates again
• Positive Sentiment: Erste Group raised its fiscal 2027 RTX earnings forecast slightly to $7.87 per share, above the broader consensus estimate of $7.22, supporting the view that contract growth and aerospace aftermarket demand can drive future earnings.
• Neutral Sentiment: RTX trades at a premium earnings multiple after a substantial multiyear rally. Although analysts see potential upside, investors may be waiting for the upcoming report to confirm that new awards are translating into margins and cash flow.
• Neutral Sentiment: Several listed articles concern NVIDIA GeForce RTX graphics cards, laptops and software. Those products are unrelated to RTX Corporation and should not be treated as catalysts for RTX stock.

About RTX

RTX Corporation (NYSE: RTX) is an aerospace and defense company that develops and supplies technologies for commercial aviation, business aviation, military operations and space applications. The company serves customers including aircraft manufacturers, airlines, governments and armed forces worldwide.

RTX operates through three principal business segments: Collins Aerospace, which provides aerospace systems, avionics, interiors, landing systems and other aircraft equipment; Pratt & Whitney, which designs and manufactures aircraft engines and provides related maintenance and services; and Raytheon, which develops integrated air and missile defense systems, precision weapons, radars, sensors, command-and-control technologies and other defense solutions.

The company was formed in 2020 through the combination of Raytheon Company and United Technologies Corporation, although its businesses trace their histories to earlier aerospace and technology companies, including Pratt & Whitney and Collins Aerospace predecessor organizations.